Seinfeld Nears Streaming Video Deal, Netflix Passes

The Wall Street Journal, citing unnamed sources, reports that Sony Pictures Television will likely reach a deal to sell the hit television show to an online vendor for streaming in the next few weeks.

Hulu, Amazon and Yahoo are among the bidders who are seeking rights to Seinfeld, and could pay upwards of half a million dollars per episode, sources told the Journal (there are 180 Seinfeld episodes). Netflix is passing on the show.